Artificial intelligence (AI) is a core focus for us this year. And the reason isn’t far-fetched. There’s been a surge in demand for AI crypto solutions in recent months. Yet, not all these projects address the market’s core needs. These needs are decentralization and a marketplace to access AI services.

But Openfabric does, and that’s why we like it. We’ve written a thing or two about this project in recent weeks. In summary, Openfabric is a decentralized layer 1 blockchain platform. It is changing how people harness and access the true power of AI.

The Openfabric marketplace offers lots of things. And that’s what we are looking at in this article.

Here is how the marketplace works.

AI Trading Crypto Bots

 Bear markets are bad times for crypto traders. Unless you like shorting the market. But that’s an aggressive trading strategy beyond the scope of this article. For most of us, there isn’t as much cash lying around as you’d find in a bull market. But AI provides a solution to help improve your chances of making profits in these times.

Many people want to learn the strategies of Wall Street trading professionals. So they turn to AI-powered automated trading systems. We’ve seen an increase in people using mechanical trading systems.

AI-powered trading bots have game-changing advantages. They help you analyze a broad range of market data. Also, these bots can spot patterns and trends that the average human eye cannot identify. So, most top traders rely on bots like these to make better decisions.

Openfabric takes AI-automated trading to a new level. The advanced AI crypto trading bot will improve your trading experience. What’s more, it is easy to use. Openfabric’s AI crypto bot uses AI to:

  • To find profitable opportunities in the crypto market for traders
  • Suggest the best strategies based on market direction.
  • It uses sophisticated algorithms to measure trends. Then it can analyze many cryptocurrency pairs. It does this to find instances where price movements create opportunity.

Crypto trading can be tiring for some. It demands 24/7 attention. You must study charts and other data to stay aware of the market. But Openfabric’s trading bot simplifies that. This trading bot is the best option for non-professionals interested in crypto trading.

What sets Openfabric’s bot apart?

Openfabric’s trading bot has several features that make it unique. This includes:

  • Backtesting: Having a solid strategy is essential for successful trading. You can backtest your strategy against historical market data using the Openfabric trading bot. This way, you can check the performance of your strategy before risking your funds.
  • Testnet Support: Risk management is essential in trading. Openfabric’s bot allows you to practice your skills in a simulated environment. This means you don’t have to lose money on poor strategies. You can always test and refine.

  • Support for many cryptocurrencies: The Openfabric bot supports a wide range of cryptocurrencies. This includes
  • Bitcoin
  • Ethereum
  • Litecoin
  • XRP
  • BUSD
  • Tron
  • BNB

Other benefits of this bot include

  • Multiple-basket trading
  • Advanced trading strategies
  • Flexible trading parameters
an example of Openfrabic’s output. Source: Twitter

Let’s talk about another important feature of the Openfabric marketplace.

 Artificial Humans: AI Genome Generator

Generative AI is one of the spotlights of this year. But Openfabric has taken this technology to a new level and extended it to biology. Generative models can understand complex data structures without strict supervision.

 So, researchers proposed using them as producers of artificial genomic data. Researchers can use this data without requiring resource-intensive data gathering. They can also avoid potential privacy risks associated with using human genomes.

 Openfabric created an easy-to-use application. The app allows users to generate an artificial genome and visualize its features. The AI Genome Generator uses generative AI models to create artificial genomic data. From SNPs to 3D protein structures, this unique tool transforms data into the very basics of life. You can get more details about this tool here.

Openfabric AI Drug Discovery Application

OpenFabric uses AI to solve real-life problems. One of its tools is the AI drug discovery application. This feature changes the research process for discovering life-changing drugs. The current research procedures for new drugs have some drawbacks. The process is time-consuming and very expensive.

However, the Openfabric AI drug discovery tools change everything from speed to procedure. The AI drug discovery application provides solutions to the following areas:

  • Novel molecule generation
  • Toxicity prediction
  • Drug-target interaction

Humans play a lot in the drug design process. But the goal is for machines to play a role and simplify things. AI-powered drug discovery has enormous potential to lower prices and shorten development times. This could lead to more accessible drugs. And breakthroughs in treating diseases that are currently incurable.

In conclusion, Openfabric has an impressive ecosystem. The services in its marketplace have the potential to solve real-life problems. And this means Openfabric has long-term value. The team plans to unlock more solutions in the coming months.

So, if you’re seeking a platform that simplifies AI and solves human problems, this is your best bet.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.

We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article was sponsored by Openfabric.

Copyright Altcoin Buzz Pte Ltd.

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